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Oversea-Chinese Banking Corporation Ltd (OCBC.SI)

OCBC.SI on Stock Exchange of Singapore

11.57SGD
21 Feb 2019
Change (% chg)

$-0.10 (-0.86%)
Prev Close
$11.67
Open
$11.62
Day's High
$11.67
Day's Low
$11.53
Volume
5,927,300
Avg. Vol
4,893,660
52-wk High
$14.04
52-wk Low
$10.36

Latest Key Developments (Source: Significant Developments)

Oversea-Chinese Banking Corporation Says OCBC Bank Collaborates With Xiaomi And Hanhua
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::OCBC BANK COLLABORATES IN VENTURE WITH LEADING CHINESE CORPORATIONS XIAOMI AND HANHUA.PARTIES LOOKING TO INTRODUCE INTEGRATED PLATFORM THAT PROVIDES FINANCIAL SERVICES THROUGHOUT CHINA.  Full Article

Oversea-Chinese Banking Corp Q3 Net Profit Up 12 Pct
Wednesday, 31 Oct 2018 

Nov 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::Q3 NET PROFIT GREW 12% YOY TO S$1.25 BLN.Q3 NET PROFIT FROM BANKING OPERATIONS ROSE 23% YOY TO S$1.07 BLN.NET INTEREST INCOME IN Q3 GREW 9% TO S$1.51 BILLION FROM S$1.38 BILLION A YEAR AGO.6 BASIS POINTS RISE IN NET INTEREST MARGIN TO 1.72% IN QUARTER.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO OF 13.6% AS AT SEPT 30.GROUP'S NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 SEPT.  Full Article

Oversea-Chinese Banking Corp Updates On OCBC Wing Hang Bank's Sale Of Stake In Hong Kong Life Insurance
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::UPDATES ON OCBC WING HANG BANK LIMITED'S SALE OF 33.33% STAKE IN HONG KONG LIFE INSURANCE.OCBC WING HANG BANK TOGETHER WITH OTHER SELLERS TERMINATED SALE OF 33.33% STAKE IN CAPITAL OF HONG KONG LIFE INSURANCE.OVERSEA-CHINESE BANKING CORPORATION - AGGREGATE DEPOSIT OF HK$710 MILLION PAID BY PURCHASER FORFEITED IN FAVOUR OF SELLERS.AGREEMENT WITH FIRST ORIGIN INTERNATIONAL LTD TERMINATED DUE TO CONDITIONS NOT BEING SATISFIED.  Full Article

Oversea-Chinese Banking Corp Q2 Net Profit After Tax S$1.21 Bln, Up 16 Pct
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::NET PROFIT AFTER TAX OF S$1.21 BILLION FOR Q2 OF 2018 , CLIMBING 16%.2Q18 NET INTEREST INCOME S$1.45 BILLION 8% UP.COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO , TIER 1 CAR & TOTAL CAR AS AT 30 JUNE 13.2%, 14.3% & 15.9%.NON-PERFORMING LOANS RATIO WAS 1.4% AS AT 30 JUNE 2018.QTRLY NET INTEREST MARGIN ROSE 2 BASIS POINTS TO 1.67%.AN INTERIM DIVIDEND OF 20 CENTS PER SHARE HAS BEEN DECLARED FOR FIRST HALF OF 2018."OPERATING ENVIRONMENT IS INCREASINGLY CHALLENGING".OCBC- "WE ARE WATCHFUL OF SEVERE IMPLICATIONS TO GLOBAL ECONOMY AND FINANCIAL MARKETS FROM ESCALATING TRADE AND POLITICAL TENSIONS".  Full Article

OCBC Sees Gradual Rise in Net Interest Margins in Coming Quarters - CEO
Sunday, 5 Aug 2018 

Aug 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::SEES GRADUAL RISE IN NET INTEREST MARGINS IN COMING QUARTERS -CEO.EXEC SAYS STILL SEES SOME RESILIENCE FROM HOME BUYERS DESPITE RECENT PROPERTY COOLING MEASURES.  Full Article

Oversea-Chinese Banking Corporation Priced EUR 500 MLN 0.625 pct Covered Bonds Due 2025
Thursday, 12 Apr 2018 

April 12 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::PRICED EUR 500 MILLION 0.625 PER CENT. COVERED BONDS DUE 2025.  Full Article

Oversea-Chinese Banking Corp Completes Acquisition Of National Australia Bank's Private Wealth Business In Hong Kong​
Sunday, 26 Nov 2017 

Nov 27 (Reuters) - Oversea-Chinese Banking Corporation Ltd ::‍OCBC GROUP COMPLETES ACQUISITION OF NATIONAL AUSTRALIA BANK'S PRIVATE WEALTH BUSINESS IN HONG KONG​.  Full Article

Oversea-Chinese Banking Corp's ‍interest in AVICT diluted to 17.3 pct from 20 pct​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Oversea-chinese Banking Corporation Ltd :Co's ‍interest in avict has been diluted from 19.99% to 17.27%​.Dilution not expected to have any material impact on eps of ocbc group for fy ending 31 dec, 2017​.  Full Article

Oversea-Chinese Banking Corp prices A$200 mln senior floating rate notes
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Oversea-chinese Banking Corporation Limited :Ocbc Bank Priced A$200 Million Senior Floating Rate Notes Due 2020.‍notes will bear interest at 3-month bank bill swap reference rate plus 0.60% per annum​.  Full Article

OCBC group posts quarterly net profit of S$1.06 bln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Oversea-Chinese Banking Corporation Ltd :‍OCBC group reported Q3 2017 net profit of S$1.06 billion​.Net interest income grew 12% to S$1.38 billion in 3Q17 from S$1.23 billion a year ago​.‍Q3 earnings grew 12% year-on-year driven by broad-based growth across all key markets and businesses​.Q3 ‍non-interest income was 1% higher at S$978 million​.Group's non-performing loans ("NPL") ratio was 1.3% as at 30 SEPTEMBER 2017​.Quarter end Common Equity Tier 1 Capital Adequacy Ratio of 13.1%, and tier 1 and total CAR of 14.0% and 16.2% respectively​.  Full Article

CORRECTED-SE Asia Stocks-Most end higher on trade talk progress; Indonesia leads

(Corrects fourth paragraph to say DBS Group Holdings is Singapore's biggest listed company, not second biggest) * Singapore hits over 4-month closing high * Indonesia, Vietnam rise over 1 percent By Shreya Mariam Job Feb 18 Most Southeast Asian stock markets closed higher on Monday, with Indonesia leading the pack boosted by gains in financial and telecom sector counters, as progress in U.S.-China trade talks raised optimism among investors. The world's largest